Pizza Hut West Stone Drive

Retail-Commercial for Sale
Sale Pending
Catylist Listing ID: 29935079
Property Subtypes: Restaurant
Status: Pending
Building Size (RSF): 3,365 SF
Gross Building Area: See Agent
Gross Land Area: 0.65 Acres
Sale Price: $1,300,000
Unit Price: $386.33 PSF
Property Use Type: Net Leased Investment (NNN), Investment
Sale Terms: Cash to Seller
Cap Rate: 9.1%
Last Updated: 1/10/2017

Overview / Comments

Great Investment Property! This property has a free standing restaurant building built in 2004 on .65 acres currently with long term lease to Pizza Hut. Cap rate is 9.1. Located in Allendale section of Kingsport, property has great traffic counts and super visibility fronting West Stone Drive next to Wendy's. Nearby retailers include CVS, Taco Bell, and McDonald's. Lease details and financials available to serious inquiries only. Contact listing agents for further details.

Additional Details

Nearest MSA: Kingsport-Bristol-Bristol
County: Sullivan


Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,016 21,201 49,625
Median Age: 35.05 42.16 42.17
Households: 1,297 9,073 21,576
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